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FOX News
Sep 29, 2012 8:00am PDT
romney tax plan? >> it increases take-home pay, middle class family, $2,000 extra in their take-home pay, and more importantly it reduces the price of doing work, being productive and taking risks. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. he's been running for president for seemingly half a century and none of us know
FOX News
Oct 6, 2012 8:30am PDT
justify raising taxes on the middle class that is buried for the last four years. >> they are buried by regulation and taxes and borrowing and they are buried by the obama administration's economic failures. >> is the republican vice-presidential nominee right? hello, i am cheryl casone and welcome to cashin! we have wayne and johnathon and tracey and along with lloyd weber. you heard him the middle class getting buried. you agree with that? >> there are so many little taxes that we never paid before. middle class gets slammed by the federal tobacco tax and tax on manufactured drug companies. and any corporate taxes that increased came down to the prucks we purchase and laugh about the tanning tax, but that comes out of the wallets of the middle class . jersey maybe more so. it is money i don't have in the end of the day. >> all right, johnathon, what do you make of this? the last four years middle class and according to mr. biden, that -- >> i reject the notion that it is government's role to help the middle class or any class. joe biden came in years ago with middle class tax force an
FOX News
Oct 3, 2012 6:00pm PDT
he wants to give tax cuts to the wealthy and to voucherrize medicare. romney will say he is the defender of the middle class. one thing both sides say this, could get heated tonight. >> we go to jim lehrer of pbs, moderating this debate. >> jim: i'm jim lehrer. i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice-presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments, with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means. but i made the final selections. and for the record, they were not submitted for approval to the commission or the candidates. the segments, as i announc
FOX News
Oct 5, 2012 1:00pm PDT
that say? >>guest: we need our competitiveness back, we need better regulation, better tax policy, better way to grow the hell out america. >> thank you very much. which will win out? today's jobs numbers that could be a positive for the president? or wednesday's debate where governor romney appeared to gain the upper hand? real clear politics keeping track of it all. tom, thank you very much. we have two conflicting numbers, the post debate romney surge and this morning the jobless number that looks like president obama is going to use on the campaign trail. which is more important to the membership? >>guest: that is a great question. the debate was important for the romney campaign. we have had bad job numbers now for months upon months leading up to this and they never affect the members. you can make the argument that despite the fact that rebound got a good jobs number, a good unemployment rate ticked down in the unemployment rate that may or may not impact the numbers. >> post debate there is indication, we have scott rasmussen coming up later talking about the polls, post d
FOX News
Sep 29, 2012 7:30am PDT
avoid tax, tax, tax, we can't. yes, they've got it cut it, and going to have to do financials, we don't want to do it, we've got to. >> neil: i'd like to disagree with that, but (laughter) >> mr. gasperino? >> and we don't have to raise taxes right now. it'd be a dumb thing to raise taxes, in the middle it looks like we're headed to a double dip recession. >> neil: you think that. >> you look at the numbers and the business round table and look at the latest gdp numbers and consumer spending and i don't criticize ben bernanke for doing what he did with qe three, primarily the numbers look bad-- >> of aalways been in the-- >> and i tell you, never criticized, one you've never criticized. >> neil, neil, this is the only thing left. if you don't have-- >> come on, i think you doth protest too much. dagen. >> i think what ryan says does ring true. because obama care and the bowles simpson panel completely off the table. medicare don't touch it. medicaid, do ent touch it. in fact, paul ryan did work with alice rivlin on something like proposed for medicare and left out of the final pro
FOX News
Sep 30, 2012 11:00am PDT
quote same but with another round of stimulus and higher tax returns rates on job creators. we are offering specific reforms. strengthen social security. grow jobs. have an energy policy that unleashes american energy and has energy independence. >> chris: the fact that the message hasn't gotten through as effectively as it could so far is, that your fault, the romney campaign fault report voters' fault? >> it is not the voters' fault. i think the president has done an effective job of trying to confuse the issue and distract people. i don't think that is going to work. >> chris: do you take any responsibility? >> we going to pros is cute the campaign in the way that we always planned which is we will tiv this country a very clear choice. do you want stagnation and dependency or growth and opportunity? the problem is not everybody knows our five point plan for a stronger middle class. not everybody knows that we have the solutions that will get people better job security. >> chris: let's talk specifics. >> no matter how many times they tell you they will start talking specifics really soon
FOX News
Oct 6, 2012 7:00am PDT
here says, this is why. >> you know the phrase you always use, obama and biden want to raise taxes by a trillion dollars, guess what? yes, we do in one regard. we want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all of that money going to the super wealthy. >> so, are promises of massive tax hikes, taxing the jobs market? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, bulls and bears this week, gary b smith, tobin smith, jonas max ferris, along with julian epstein and larry, talk about future tax hikes, holding back a jobs recovery? >> that's right, that's right, brenda. well, you know, certainly for consumers that are work being that have 401(k) plans they may be feeling more confident these days, but their employers don't share the optimism. they're worried what's ahead and what's ahead are future tax increases, for small business owners still, these are people that own delis and dry cleaners and pave your driveways, not fat cats and million fairs and billionaires, they're average work people and concerne
FOX News
Oct 4, 2012 3:00pm PDT
heated issue, tax policy. ed henry has the obama campaign reaction. and we begin with carl cameron on the first debate. good evening, carl. >> hi, brett. the romney campaign could hardly be more excited about what happened last night. in fact, since the debate ended, they say they've been getting two donations per second as a measure of mitt romney's success the morning after is general election debate debut against the president, mitt romney made a surprise appearance to a thrilled and leaved audience of conservatives. >> last night i thought was a great opportunity for the american people to see two very different visions for the country. >> he reiterated a new attack. >> trickle down government that the president proposes is one where he will raise taxes on small business, which will kill jobs. i instead want to keep taxes down on small business so we can create jobs. >> romney awoke to rave reviews across the country and democrats admit he delivered. >> virtually everything you said about my tax plan is inaccurate. that's the wrong way to go. we know that the path we're taking
FOX News
Sep 29, 2012 7:00am PDT
wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he wants to double manufacturing jobs, increase manufacturing jobs, that's fine, but why does the manufacturing get the benefit of government largest, why not the financial sector, oil and gas, all of this stuff drives the debt s
FOX News
Sep 29, 2012 8:30am PDT
plan for high school kids? what do you like about it? >> everybody pays taxes, whether they own a home or not, whether they have children or not, everybody pays for education, and every year they get worse education and it costs more. we've dumbed down our school program to rush kids through the system. why not do it the other way? why not had let the achieving kids rush through the system and get away from this burgeoning ed accuracy? beyond that, we're spending money on things that aren't being productive for our economy. let these achieving students, send them the message that if you achieve you will be rewarded. the idea we're going to get any of this taxpayer money back is kind of a mirage. taxpayers never get any money back. it will move on to the next boondoggle. i think it's a good idea. >> half of property taxes go to schools to be fair. tracy, the kids issue, you can get them out of your house two years earlier. what do you make about that? >> you know what, the money issue to me is separate from the academic development issue. i don't think these kids should be rushed t
FOX News
Oct 4, 2012 1:00am PDT
tax plan. now, you're saying big bold idea is never mind. the fact is that if you're lowering the rates the way you describe, governor, then... it is not possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't just pick binners and losers, pick the losers. and carl rove joins us. let's go to the issue of undecided. jump in there. those at least watching. >> well, we're likely to see a bump out of this. not much of a bump but a little bit of a bump. first debate is most important of the debates and this typically the winner that gets a point two points out of the debate. there is a close race like this, that matters but to step back just a moment. what mat
FOX News
Sep 29, 2012 8:00pm PDT
. these guys have been in ohio and they should start paying income tax. this thing is as close can be they both wouldn't be here. i expect this to go down to the wire. we are always a swing state. it will be very close. >> paul: so the democrats are saying one of big things that is helping the spent the auto bailout. is that how you lead to to help the president? >> look, we're up 123,000 jobs over the last year and three-quarters. we're actually according to the bureau of labor statistics down 500 jobs, auto jobs in ohio. the situation. chrysler has expanded and ford and gm have shrunk their footprint but we stabilizing. auto industry out here. of the 123,000 jobs, most of them, biggest categories are business services and healthcare. we are having specialty manufacturing rebounds but it's hard to argue in fact the bureau of labor statistics we are down net 500 jobs you can attach that to why we are up 123,000 and ohio is actually doing much better. >> one of your colleagues, speaker john boehner had something to say about the race in ohio. i want to get your reaction to it. >> one of the
FOX News
Oct 1, 2012 1:00pm PDT
done, reduce taxes, regulation, do what perry has done. he taxes low. reduce regulations. streamline permitting, and like business people. >>neil: you are dismissing this argument, but, if you follow this out by sting, governor, say the president is re-elected and and it hangs on swinging states like yours where you have implemented policies that are not the president's policies but the mirror opposite. any lesson here for the president if he is re-elected over, then, the policies you would recommend? in that event? >>guest: well, whoever is elected i am hopeful for american families they will reduce taxes we cannot have the highest corporate tax rates and expect businesses to flop to america or per regulation and expect businesses to flop to america. >>imus: what on the tax thing when mitt romney said last week i will lower taxes but it is not what it seems, i will take away a lot did yous and exemptions and people thought, well, maybe you are not all we thought you were, and he got in trouble >>guest: we are competeing. our businesses are competing with businesses around the world.
FOX News
Oct 4, 2012 8:00am PDT
a $5 trillion tax cut. i don't have a tax cut that you're talking about. we should provide relief to the people in the mid class. high income people are doing just fine in this income, they'll do fine whether you're president or i am. the people having a hard time right now are middle income americans. under the president's policy middle income americans have been buried, they are being crushed. jon: mr. obama with this argument. >> the fact is that if you are loring the rates you describe, governor, then it is not possible to come up with enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burden evening the middle class, it's math, it's arithmetic. jon: today it's back to the campaign trail. mr. obama in denver, and then to wisconsin. governor romney is in virginia where the most recent "real clear politics" average shows president obama leading with 47% of the vote, governor romney with 44. virginia has 13 electoral votes up for grabs. that's where john roberts is right now, live in fisher'sville, virginia. what is the ev
FOX News
Oct 5, 2012 3:00am PDT
tax plan without blowing up the deficit or sticking it to the middle class. that's the math . we can't afford to go down that road again. >> steve: so the day after his terrible performance even the new york times called him president xannex. they have gone in damage control mode . they were portraying romney as an extremist and now back to romney is a flip-flopper and a big fact liar . >> brian: i thought the senator was right when team obama got a earful. the strategy was to lay back and not make major mistakes. governor romney will be a true choice. he defined himself as competent and capable . he was making himself relevant and holding the job. that's what you walk away . he undid over two million worth of advertising. >> gretchen: he had a answer about the five billion, trillion argument that the president said. he said that is not my tax plan. and you can see the difference when they are on a stage together going after each another and back out on the stump. on the stump you can say whatever you want. these are people supporting each cand date. this is a moment romney respo
FOX News
Oct 6, 2012 7:30am PDT
substantive way, going so far as to reform the tax code, everything you want. do you think that's what's going to happen? >> i think that could happen, regardless who is president because the markets are going to begin to rattle their chains, it will be like a dungeon, say, look. >> why haven't they rattled? >> they're waiting for this to pass. >> anything could happen. >> they look at america as some the stupidest people on earth if they're going to let go over the cliff when you have a mindless sequester of 600 billion on defense, 600 billion with an ax, they're going to say you're dysfunctional and we want more money for our money and inflation kicks up and the guy that gets hurt the worse, the little guy that everybody talks about day and night. >> a funny thing happened on the way to the debate. neither candidate getting a question on that fiscal cliff. and so, if they are talking about it, as a time for taxpayers to start worrying about it? to ben stein, gerri willis and ben stein and charlie gasperino. >> people have to figure 0 this out. 90% of american households here are going
FOX News
Sep 28, 2012 6:00am PDT
europe. france's new socialist government unveiling plans for a 75% super tax. stuart varney host of "varney & company", fox business network. glad you're happy you left 35 years ago. what's up? >> germany is telling france hey, you got to get that budget deficit under control, big budget deficit is verboten the socialist president of france, francois hollande, tax the rich, not so rich, capital gains, profits, you name it, there will be a big new tax. on upper end of income every dollar over a certain level the french government will take 75 cents. rip it right out of your hand. 75 cents on the dollar. more than $200,000, they take 45 cents on the dollar, almost half. bill, this is a massive gamble because france's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on divide
FOX News
Oct 6, 2012 11:00am PDT
us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of work and the proof one out of six people in poverty, the proof 32 million on food stamps to 47 million on food stamps the proof of that 50% of college graduates this year can't find work. >> paul: there's little doubt romney's commander performance helped the g.o.p. ticket. t
FOX News
Oct 2, 2012 3:00pm PDT
focused on the economy and domestic issues. >> how they can justify raising taxes to the middle class has been buried the last four years. >> dramatic admission today about the president's first term from vice president biden. which gave republicans some predebate ammunition. though he charged bush policies are to blame. >> by the time we were elected they had eight years doubled the national debt. debt clock. doubled it. in addition to that, they had the slowest job private job growth since world war ii under this policy. >> another key debate topic, healthcare. romney is defensive about his massachusetts plan. today, the obama camp charged the promise to repeal the president's law will knock millions off the insurance. republicans are circulating a secretly recorded video of a recent meeting among local government officials here in henderson where the president is doing debate prep. officials discuss how implementing the president's law will cost city employees an extra $40 a month. >> a challenge beyond belief. >> in exclusive interview with fox in nevada, senator marco rubio says the
FOX News
Oct 4, 2012 12:00pm PDT
through freedom. trickle down government that the president proposes is one where he will raise taxes on small business which will kill jobs. i, steady, want to keep taxes down to create jobs. >>reporter: sunday morning chris christie thought the campaign would be turned on his head and got flak but chris christie was right. >>trace: the romney campaign is portraying the race as a very stark choice between the two candidates. >>reporter: highlight the differences. they got help from moderator jim lehrer who said several times we are very clear that there are very stark differences between the two of you. governor romney tried to make this a referendum on obama but that was not going anywhere so the big choice highlighting on the different issues from taxes to spending and the deficit. >> only in washington would you count $4 trillion of reduction when, in fact, the plan called for adding $1 trillion of debtry one of the next fur years. i think that is wrong. we should instead take a course represented by free democrat to get america to cap our funding, cut our spending and get us on trac
FOX News
Oct 2, 2012 1:00pm PDT
flat tax comes in. it allows attraction of the capital abroad. sam nunn was correct, you have to cut government spending. that has to happen, especially entitlements where you pay people not to work. there are other ways of bringing the debt down. cool ones. for example, how about a federal state, local, tax amnesty program? there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are losing sight and what bill clinton learned in 1993, 1994, if you present a plan that looks credible like you want to reverse the direction, sometimes that creates a boom in and of itself and inspires confidence in the market that has little confidence right now. i blame both parties,
FOX News
Oct 4, 2012 6:00pm PDT
for answers in the wake of the debacle in denver. joe biden admits, he wants to raise your taxes by trillions. >> ooh 'bama and biden want to raise your tax by $5 trillion. guess what? yes, we do. >> sean: and the real obama is exposed as another disturbing tape emerges from his past. we have it tonight. plus, a special edition of media mash. we investigate race and politics. we are 33 days away from election day. "hannity" starts right here, right now. welcome to "hannity." the consensus is in. governor mitt romney was the decisive winner in last night's presidential debate. in just a moment, i will be joined for an exclusive interview by both governor romney and his runningmate, congressman paul ryan. even the most left-wing observers have conceded that their candzidate bombed without his teleprompter last night. obama aides are trying to pin it all on mitt romney. believe it or not, they are accusing the governor of lying. of course, they are the ones that are. watch this. >> again and again and again, he told the story to the american people that is completely... in contrast wit
FOX News
Oct 4, 2012 8:00pm PDT
will not reduce the taxes paid by high income americans. >> bill: that was a scripted line but the governor delivered it well. on the other side, president obama's best line mocked romney over the vagueness of his tax proposals. >> at some point, i think the american people have to ask themselves, is the reason that governor romney is keeping all these plans to replace secret because they are too good? is it because that somehow middle class families are going to benefit too much from them? >> bill: again that was a scripted line. the president didn't deliver it with much verb. >> the president the is a good debater and public speaker we know that the mistake he he made last night was coming off as a boring college professor. he simply droned on and on about people he met in kalamazoo or some place, who had a tough deal going on. instead of making dramatic points, the president meandered. and i couldn't believe -- i couldn't believe that mr. obama didn't even bring up mitt romney's 47% remark. what happened to that? by saying he thought 47% of americans wouldn't vote for him becaus
FOX News
Oct 6, 2012 11:30am PDT
create connecticut jobs and my tax plan cuts taxes for the middle class, but linda mcmahon's tax plan gives mer a 7 billion dollar tax cut a programs for the middle class and seniors, and linda mcmahon never fought for the middle class. >> chris murphy attacks linda and social security and medicare, but murphy doesn't tell us when he was sued in court for not paying his rent, or paying his mortgage on committee hearings. do you think that murphy is telling the truth now? two facts, on march 2010, murphy vote today medicare 716 million dollars and linda mcmab policemened-- >> and pretty cookie cutter, i'm for the middle class and she's for the rich and cut grandma and throw her in the snow banks, who gets the best of the exchange. >> and she's way ahead, and polls her names recognition-- >> the polls are even. >> no in measuring the name recognition, way ahead and people are more familiar with her and helping her and she's also, apart from the negative campaigning about his background, she's also tapping into the economic anxiety in the state. which is significant. and she's talking ab
FOX News
Oct 3, 2012 8:00am PDT
raising taxes on the middle class that has been buried the last four years. >> vice president biden just today, said that the middle class over the last four years has been quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states! [cheers and applause] gregg: republicans didn't waste anytime trying to utilize the biden remark, did they? >> we'll be hearing a lot about that over the next couple weeks. and i can assure you the white house wishes they could reverse time and get biden to say something, anything different from that. but you know, for those us in the press that is the nice thing about joe biden. he is always sort of ad-libbing and giving us great things to write about. gregg: that updates the biden gaffe clock that the rnc always run on their website. paul ryan seems to have recalculated the infamous 47% remark that, hess running mate uttered. take a listen to this. >> today, 70% of americans get more benefits from the federal government in dollar value than they pay back in taxes. so you could argue we're
FOX News
Oct 3, 2012 10:00am PDT
funding administered by a treasury chief who didn't pay his taxes for which we will be taxed for four years before any benefits take effect by the government which has already bankrupted social security and medicare all to be overseen by a surgeon general who is obese -- [laughter] and financed by a country that's broke. [laughter] megyn: well, there you have it. or do you? joining me now for a fair and balanced debate, dr. marc siegel and stanley hepfeld who's a hospital ceo, also the author of "political malpractice." gentlemen, thank you both so much for being here. so, you know, they say -- people who don't like obamacare say that doctor and politician summed up the problems with obamacare brilliantly in one sentence. i assume you agree, dr. segal, but the she is whether -- the question is whether there's anything that could happen tonight that would be a game changer on an issue you find very problematic. i mean, health care's sort of been forgotten about since the supreme court upheld the law. >> well, megyn, i'll add one game changer here. you might say that doctors are a
FOX News
Oct 6, 2012 2:00am PDT
woodward. and then... >> obama and biden want to raise taxes by $8 trillion. guess what? yes, we do. >> sean: yes, you do. finally, a politician is telling you the truth. lich, folks. that's the vice-president. if re-elected over a trillion doctors in new taxes. you want to vote for that option? we'll check in with charles krauthammer on this busy friday edition of "hannity." > >> sean: welcome back to "hannity." al gore playing obama's descrafterous debate performance on the altitude. my next guest says something was definitely up. but bob woodward believes he may have received troubling news that day. and according to the washington examiner, there is a major donor scandal story that the obama campaign is trying to suppress, involving overseas campaign contributions. joining me, the author of the new york times best seller, the price of politic, bob woodward is back. before we get into that part of the story, saw i this performance was so bad that it's worth explaining. i found your comments very interesting? >> well, two and-a-half months ago, i interviewed obottom in the oval of
FOX News
Oct 4, 2012 6:00am PDT
governor romney each had a chance to explain what would happen to your taxes they were in charge. >> the question is not where we have been but where we are going. >> it's going to take a different path, not one x have been on, not the one the president described as a top down cut taxes for the rich. that not what i'm going to do. >> it's not possible to come up with enough loopholes for individuals to avoid raising the deficit or burdening the middle class. >> there will be no tax cut that adds to the deficit. >> i will take ideas from anybody, democrat or republican as long as they are advancing the cause of making middle class families stronger and giving opportunities to middle class. >> i have got five boys. i'm used to people saying something that not always true but repeating it hoping i will believe it. i will not reduce the taxes paid by high income americans. >> we do better when the middle class is doing well. by giving them those tax cuts they have more money in their pocket so maybe they can buy a new car. >> under the president's tax policies middle americans have been buri
FOX News
Sep 29, 2012 3:00am PDT
talking about tax megeddon at the end of the year when the tax cuts are set to expire and every american would feel it in some form or fashion. now, forget the american tax megeddon, it looks like a global tax megeddon if the united nations gets its way. >> this was discussed at the u.n. general assembly. probably not likely to be instituted or supported by the united states who is already the biggest contribute ter to the u.n. over 20% of the u.n. budget. here is what has been proposed. a 1% tax on billion nargs around the world. a tax on all currency trading in the u.s. a tiny tax on all financial transactions. >> how tiny? >> not sure. >> new taxes on carbon emissions and on airline tickets. this has for the past year these ideas have been bandied about and the overall overarching goal would be to help transfer money from richations like the united states to poor developing countries. now, what's interesting is that this would be entered into the actual record of what was discussed discussed it at t. when foxnews.com reported on this. they were suddenly sent an unsolicited statement f
FOX News
Oct 6, 2012 8:00am PDT
beyond the social security age, all of that money in the system in terms of pay roll tax will not come back to you. we are disincenting people to work . we have to raise it and index it to life expectancy going forward. >> i will quote from mitt romney for president website rick, >> i do that all of the time. >> for future generation of seniors mitt believes it should be slowly increased to account for increases for longevity. >> i am congentitally social? they are both right. we do have to raise the age . there is no getting around it. we need to remove the caps. this is the most regressive tax and stopping at $110,000. >> it would be regressive if the raise the caps. >> if you did raise the caps how much of a tax increase would that be? >> i haven't done the math. but i can agree with rick raise it but only in the grand bargain make all taxes at a flat rate. if you had 15, 16 or 18 percent. then yes, remove the cap on social security and everybody would be paying a flat rate. network we are escaping something and maybe for another discussion . but done you think you could hanle your
FOX News
Oct 3, 2012 1:00pm PDT
the right regulation policies and tax policies to get small businesses funding, make sure we are open for business and we can get production and manufacturing back here and get people back to work. it is important to talk about that after a revision of the g.d.p. numbers in the second quarter down to 1.3 percent. that is below anemic. we are not out of the fiscal woods yet. >>neil: we talk about economic numbers. you preferred to the g.d.p. data. just today, congressman, we had surprisingly strong growth in private sector numbers that may or may not mirror what happens on friday, a gain of 162,000, but, all of this is on the same day a number of companies are were watching that things do not look good and there could be an earnings recession. what do you think is the real state of the economy right now and what mitt romney has in his position tonight? >>guest: the most important thing is mitt romney needs to show that the president and his previous budget that he has proposed with trillions of dollars in new taxes only does one thing: it grows the debt. it does not do anything if
FOX News
Sep 29, 2012 9:00am PDT
with substance, talk about his tax plan or plan to voucherrize his healthcare. >> thank you for joining us. i know you'll be watching the debate. it's going to be a great week coming up. >> thank you so much. >> with the first presidential debate set for this week in colorado, we want to hear what you think about the effect of the presidential debates. will the presidential debates determine who you vote for. find out about unique global taxes are being proposed. and it's the first face-to-face duel of the presidential election. john sununu will tell us what to expect during the debate. stay with us. ♪ keys, keys, keys, keys, keys. ♪ well, he's not very handsome ♪ to look at [ sighs ] ♪ oh, he's shaggy ♪ and he eats like a hog [ male announcer ] the volkswagen jetta. available with advanced keyless technology. control everything from your pocket, purse, or wherever. that's the power of german engineering. ♪ that dirt old egg-suckin' dog ♪ olaf's pizza palace gets the most rewards of any small business crit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back
FOX News
Oct 3, 2012 7:30pm PDT
company, drilling operators and so forth. but if we get that tax rate down to 25%, that $2 important 8 billion is on the table. that's probably not going to survive. but don't forget, you put $ninety billion, like 50 years worth of breaks into soular and wind, to solyndra, fisker, i have a friend who said, you don't just pick the winners and losers, you pick the losers. >> he was talking about the energy plan. president obama picking losers. we will get the simpson-bowles one. let's bring in the panel for analysis. brit hume and joe trippi. okay, brit. your thoughts? >> well, you are right, governor romney came out. he was aggressive. when do you that, you are always in danger of seeming rude or... pugneighbors. i don't think he d. -- bug -- pugnacious. high seemed to display extraordinary knowledgeability. i don't think president obama had a bad night in the sense that he was way off his game. he was a lot like the president obama we are used to hearing. i don't think he seemed rusty. but i don't think he had the spark or the energy or the precision tonight that governor romney had. g
FOX News
Oct 2, 2012 10:00pm PDT
everybody. the degree to which he is piling up debt, which is absorbing tax money that could have gone to school, health care, now it will pay interest on the debt, that hurts everybody. in many way, it is almost sad to look at the speech and realize the degree to which he has failed to achieve any of the goals he implied were his goals in 2007. >> greta: he did say he was going to get health care. that, he did do, whether you like it or not. but one thing, you speak about the debt, what he said -- and he was rather sarcastic about politicians in this speech. what he said, in part, don't worry about trillions of dollars in debt, someone else will pay. he was being sarcastic about politician who is have no concern about the debt. now, you fast-forward to now, in the last 3 years, $1.3 trillion and nobody -- he is want working on t. capital hill is not working on t. we are return running up the debt. we have no idea with sequesterations and the tax cuts. this is what he promised in 2007 as a candidate. he thought it was important then? >> i look -- i think this is a candidate who sa
FOX News
Oct 4, 2012 11:00pm PDT
a plan to cut $5 trillion and give these tax cuts to the rich? wait a minute. that's exactly what you've been doing. how can you say that? he says, oh, i'm going to repeal dodd frank. oh, yeah, medicare will be a voucher. these are not good things for mitt romney. >> yeah. juan, you want to throw to your favorite piece for the night? >> sure. here is president obama responding to one of these -- i don't know what you call it, distortion, dreamland that romney presented and i think as time goes on, people will say, these policies are not good policies. not the guy i want to vote for. >> well, for 18 months he's been running on this tax plan and now five weeks before the election, he's saying that his big bold idea is never mind. >> never mind. never mind my promise that i'm going to cut taxes and i'm going to also balance the deficit, but i'm not going to tell you about the loopholes i'm going to close or the deductions. so just trust me. you know, come on. >> that would be -- if that was an effective message, then president obama would have done a lot better last night. that is th
FOX News
Oct 2, 2012 11:00pm PDT
. >> bob: i do think that obama will ask romney to explain the tax plan. ryan said it was too complicated to explain. >> eric: obama is not going to ask romney anything. >> bob: listen, they all end up asking each other questions. >> eric: what i would do if i'm romney, no matter what they ask, just go right back to the economy. just go right back to the economy. throw numbers out there. just stay on this. >> andrea: going tough and hard. but he can't go too hard and too tough, then the media says he's angry, now he's an angry rich man. >> bob: come up with the numbers you talk about. obama has to defend numbers but so does romney. >> eric: what number does he have to defend? >> bob: how he will cut taxes and balance the budget? >> dana: he has a good answer. obama has a tougher time explaining how in 2008, he ran on one thing regarding taxes. in 2010 he changed his mind to protect his tail. then now his whole plan is against what he said in 2010, is worst thing to do for the country. >> bob: that debate has been out there and argued over and over for four years. the question
FOX News
Oct 3, 2012 2:00am PDT
talking about tax policies and the differences between democrats and republicans when he came out and said the middle class has been buried since president obama took office. >> this is deadly ernst. how they can justify raising taxes to the middle class has been buried for the last 4 years. how in the lord's name can they justify it? >> now instead of focusing solely on tonight's denver the obama campaign is doing damage control even though the vice president changed had. some of the harm done once to the strong middle class republicans are taking the comments and running with it. >> vice president biden just today said that the middle class over the last four years have been quote buried. we agree. stop digging bile electing mitt romney the next president of the united states. >>> the obama campaign is calling that an out of context attack. the numbers they say mr. biden buried line including that that reflect high unemployment rising debt and smaller paychecks over the last four years. >> newt gingrich is talking about. >> newt beginnihe went on the r what he has to do. >>> it is a
FOX News
Oct 2, 2012 2:00am PDT
report detailing massive waste of tax payer money leading to the resignation of a top veteran's affair official. stepping down after the inspector general report revealing last year costs $6.1 million. >>> some of you i know are wondering what someone like me is doing in a place like this talking to people like you. what i don't know -- >> this spoof of the movie patton was produced just for that event. it had a price tag of 50,000 dollars. in addition the conference org nierzs gave themselves 43,000 in bonuses. an amtrak train derails after it collides with a tractor trailer. 20 people were hurt. the train was headed from oakland to bakers field that's when the truck through right through the gate. passengers were tossed around including a new born baby. >> the seat in front of us was ripped out and fell on top of him. i had to lift the seat up and i found him in his car seat. >>> a thank goodness none of those were life threatening. crews hope to have it up and running soon. >> 8 planes were pulled out of commission to inspect them. the plane forced to turn around and then return bac
FOX News
Sep 28, 2012 4:00pm PDT
in automatic tax increases and spending cuts. not overhauling the postal service. politically, cutting back the postal service is a difficult issue especially which they could lose post offices and could lose their jobs. shep. >> shepard: what does this default mean for mail service if anything. >> for now the postal service says business as usual. in a statement the usps says customers can be confident in the regular operations of the postal service. we will continue to deliver the mail and pay our employees and suppliers for a major and much needed overhaul of its business, congress has to sign off. they say they are working on it without that the postal service has looked elsewhere to make more money like lucrative junk mail. shep? france's new president calling for the highest income tax rate in all the world. part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much
FOX News
Sep 30, 2012 9:00pm PDT
they still have great lives. >> they get to buy houses and pay taxes. >> they get to do a lot of things. i am proud of it. i have built a lot of great buildings and had success. i have taken care of a lot of families whether it's education or medical or whatever you want to say. i did work hard and i did build it. >> what does this say about his mentality, though? look at where we are in the ton tr country. >> that came out probably he wished he didn't say it. the truth came out. often times you will see that. >> that was one of the few times he was off prompt ter. oo ee may have been off tell pyrometer. people need to understand that's where he is all about and where he is coming from. >> we are going to spread the wealth around and you didn't build that. here's where you are economically. we have one in 6 americans in poverty. 5 million americans under employed. this staggers my mind. 49 million americans on food stamps right now in this country. the net worth of a person has gone down 40 percent in three years. the average home price gone down 35 percent. >> we owe $17 trillio
FOX News
Sep 28, 2012 11:00pm PDT
taxes as well. maybe those are the people uninformed. they're going to choose to vote for whoever writes the checks. >> greg: unemployed should vote. they should vote for somebody who will help them create better economy for more jobs. >> kimberly: when you go to disney land half the people there are not paying taxes. >> andrea: it's hard to take it away'ms seductive political experiment. >> kimberly: you brought that up yesterday about your family in greece. if people are used to getting things -- >> andrea: pension at 43 years old. >> kimberly: then you take it away. >> andrea: they can crazy. >> bob: goofy tried to give me a free lollipop in disney world and i punched him in the stomach. >> andrea: they don't know that nothing is free in this country. you pay for it in some form, higher premium or lower salaries. >> greg: i want to change my mind on something i said earlier. bell o'reilly is wrong that we're seeing more well informed people finding another point of view that didn't exist 14 or 15 years ago. there was no fox news. we are educating people. >> bob: there are so ma
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